Diluted HEPS 200.6cps (+16.0% y-y).
Turnover increased by 8.4% y-y to R8 521m, driven by a 13% y-y increase in the education division and an 8% y-y contraction in the resourcing division.
Expenses increased by 7.1% y-y while expense-to-sales decreased from 79.9% to 79.0%.
OPM increased by 90bps to 21.0%, with the education division’s OPM improving to 24.2% (FY23: 23.8%).
Dividend of 101.0cps (FY23: 87.0cps).
Cash generated from operating activities up 18.1% y-y to R1 626m.
Enrolments for Advtech schools up 11% y-y to 45 643 enrolments as at February 2025. Enrolments for Advtech tertiary institutions up 14% y-y to 60 067 enrolments as at February 2025.
Capex utilised to increase capacity on existing sites (R328m), new school development (R64m), new site acquisitions (R238m), and procuring new equipment (R78m).
